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Art From Home Paper
Art From Home Paper
Art From Home Paper
The origin of piggy banks dates back nearly 600 years, in a time before real banks even existed.
Before the creation of modern style banking institutions, people commonly stored their money
at home. During the Middle Ages, metal was expensive and seldom used for household wares.
Instead, dishes and post were made of an economical orange-colored clay called pygg. Over
time, “pygg” evolved with the English alphabet, turning into “pigge” and, finally, “pig.” That
explains why potters in 19th century England started making pig-shaped vessels when people
asked for pygg banks. It might have been accidental, but the model’s been with us ever since.
Piggy bank is the traditional name of a coin container normally used by children. The piggy bank
is known to collectors as a “still bank” as opposed to the “mechanical banks” popular in the
early 20th century. The use of the name ‘piggy bank’ gave rise to its widely recognized pig
shape, and many financial services companies use piggy banks as logos for their savings
products. Piggy banks are usually made of ceramic or porcelain. They are generally painted and
serve as a pedagogical device to teach the rudiments of thrift and savings to children.
Early models had no hole in the bottom, so the pig had to be broken to get money out. Some
people say that’s where we get the expression “breaking the bank,” but serious academics
disagree. The idiom “break the bank” means to ruin one financially, or to exhaust one’s
resources. The term is believed to originate in gambling, where it means that a player has won
more than the banker can pay. Believe it or not, the basic piggy bank used to be far more than
just a childhood relic. The concept of stashing cash in hollowed objects has been around for
banks were made in Java as far back as the 14th century. Not many ancient Indonesian piggy
banks survive today, since they needed to be busted part to get at the coins. Unbroken
Javanese piggy banks are very rare. In Great Britain, a 650-year old Majapahit terra cotta piggy
bank was offered for sale approximately $10,000. Majapahit terra cotta piggy’s methods for
making is modeling and found similar figure in textbook, Figure 11.4, Figurine of a voluptuous
lady.
To this day in some European countries, Asia, notably in the Netherlands and German speaking
countries, it is customary to give piggy banks as gifts because pigs are associated with luck and
good fortune. At New Years, so-called “Lucky Pigs” are still exchanged as gifts.
Resources:
https://www.thevintagenews.com/2017/03/23/the-history-of-piggy-banks/
https://thefinancialbrand.com/24204/history-of-piggy-banks/
http://www.businessinsider.com/revealed-the-true-origin-of-the-piggy-bank-2012-6